Hotels & leisure news – Page 10
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NewsPPHE Hotel Group delivers record revenue amid strong room rate growth
PPHE Hotel Group has posted a 59% increase in revenue to £180m for the half year to 30 June 2023, compared to £113.2m for the same period last year.
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NewsTory donor told to demolish five-star Windsor hotel after planning breach
A multimillionaire Conservative donor has been ordered to knock down part or all of a five-star luxury hotel near Windsor after he breached planning regulations.
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NewsHeaton Group unveils £180m Eckersley Mills masterplan
The Heaton Group has launched a masterplan for its £180m regeneration of the 17-acre Eckersley Mills site in Wigan as an office, leisure and residential complex.
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OnlineShaftesbury Capital to sell £100m-plus Fitzrovia portfolio
Shaftesbury Capital has instructed CBRE to sell the group’s Fitzrovia assets in London for in excess of £100m, according to reports.
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OnlineDalata reports strong revenue growth but profit dips
Dalata Hotels has posted a 3% fall in profit despite a 29% rise in revenue during the first half of the year.
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NewsSt Helens council wins CPO battle with pub unlocking town centre regeneration plans
A government planning inspector has ruled in favour of St Helens Borough Council’s compulsory purchase order (CPO) for a pub to make way for a major town centre redevelopment.
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NewsPaulaner searching for 10 sites to bring Bräuhaus concept to the UK
Bavarian brewer Paulaner is hunting franchise partners to roll out its Bräuhaus restaurant and bar concept across the UK.
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OnlineUK hotels bounce back from Covid with strong revenue growth
Hotels in the UK are experiencing a post-Covid rebound, according to new research from Knight Frank.
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NewsRedevco builds up assets and development management team
Regeneration specialist Redevco has strengthened its asset and development management team with a trio of promotions and new appointments.
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NewsLendlease appointed to deliver The Sage International Conference Centre in Gateshead
Australia-based property and construction giant Lendlease has been appointed by Gateshead Council’s development partner Ask:PATRIZIA to deliver The Sage International Conference Centre at Gateshead Quays.
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NewsBarberry Group buys West Midlands Mecca Bingo hall for £5.92m
West Midlands-based developer Barberry Group has acquired a Mecca Bingo hall in Oldbury, Sandwell, for £5.92m.
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OnlineHotels sector is proving robust despite headwinds, say three hospitality experts from Whitbread, Hogan Lovells and AREA
Joining Montfort’s Andrew Teacher in the latest episode of PropCast, three hospitality experts offer their perspectives on the challenges facing the sector, and where some of the best opportunities currently lie.
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NewsThird Space to open trio of London health clubs
Luxury health and fitness club operator Third Space has acquired three new locations in London and is set to open clubs in Clapham Junction, Richmond and at The Whiteley in west London.
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NewsMercure Glasgow acquired by S Hotels & Resorts for £7.5m
S Hotels & Resorts has bought the freehold of Mercure Glasgow City Hotel on Ingram Street from Alternative Income REIT for £7.5m.
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NewsCLAS acquires London and Dublin hotels for £300m to ‘capitalise on travel recovery’
Singaporean real estate investment manager CapitaLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).
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NewsCBRE appointed to sell UK cinema portfolio
CBRE has been appointed to sell a portfolio of eight cinemas comprising two luxury boutique Tivoli cinemas, five multiplex cinemas and one standalone cinema.
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News‘National scandal’ of The Crooked House pub fire rages on
Confusion and anger continue to surround The Crooked House in Staffordshire after the popular historic pub was gutted by fire and later demolished, sparking a national debate about the protection of heritage buildings.
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NewsBrookfield urges Center Parcs bidders to form consortium to buy business
The owner of the Center Parcs UK holiday villages is negotiating with the three remaining bidders for the business – GIC, Antin Infrastructure Partners and KSL Capital Partners – in the hope they will form a consortium to buy it after no formal offers were made by the second-round bid ...
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NewsPark Lane Mews Estate gains approval for 82-room boutique hotel
Bain Capital Special Situations and Orka Investments have received planning permission to redevelop a site in Mayfair to create a luxury lifestyle boutique hotel and prime residential building.
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NewsCineworld suspends listing on London Stock Exchange
Cineworld has suspended its listing on the London Stock Exchange and applied to the High Court to be put under administration amid its restructuring process.
